XRP price tests $2.18 level as triangle structure nears breakout resolution
XRP price compresses near triangle apex as traders await breakout beyond $2.18 resistance
XRP remains locked within a symmetrical triangle pattern as of June 20, 2025, with price consolidating just under $2.18. The pattern, active on the daily chart since early June, reflects tightening volatility and directional indecision.
Key highlights
- XRP price today trades near $2.18 with symmetrical triangle tightening on the daily chart
- MACD and RSI show early bullish divergence on 30-minute chart, indicating short-term strength
- Breakout above $2.32 or breakdown below $2.08 could define trend into July
Price remains bracketed between two converging trendlines, and the apex of the formation is now approaching, suggesting a breakout is likely in the coming sessions.
Short-term charts show early bullish bias
On the 4-hour timeframe, XRP is attempting to reclaim the $2.18 zone but faces persistent resistance at $2.24, where the 50-EMA and Supertrend indicator converge. The market has struggled to build momentum beyond this band, with the ADX still below 25 and the DI lines showing no clear dominance. The short-term bias remains range-bound unless buyers can overcome this ceiling.
XRP price dynamics (Source: TradingView)
The 30-minute chart offers subtle signs of recovery. A bullish divergence in RSI has appeared near $2.14, while MACD is beginning to slope upward. Additionally, the Parabolic SAR dots have flipped to the downside of the price, suggesting that micro-trend dynamics may be shifting in favor of bulls. A sustained move above $2.18 could open a test of $2.22 and $2.26, levels where recent sell pressure emerged.
Triangle apex approaches as breakout pressure builds
From a broader perspective, XRP is still trading inside a descending channel structure that has capped rallies since early June. Bulls need a daily close above $2.32 to confirm bullish continuation. On the downside, a break below $2.08 could accelerate selling toward $2 or lower, especially if market sentiment weakens across altcoins.
Looking ahead, a resolution to this coiling structure is likely before month-end. With key altcoins also in compression phases, any move in XRP may influence broader sentiment. Until then, the market remains cautious with low volatility and a wait-and-see approach dominating trading activity.
In previous coverage, we highlighted XRP’s struggle to break above $2.26 and its failure to hold mid-channel support. Today’s structure reinforces the same outlook, with key levels at $2.32 and $2.08 likely to define trend direction for the coming weeks.
